Data-Tech Software was the Australia republisher of the MYOB products and, in 1997 entered into an agreement with Best Software to buy the company (renamed MYOB Inc.) and bought the intellectual property rights to the software.
Teleware was purchased by Best Software (now part of Sage) in 1993.
MYOB was founded in the early 1980s by a team of developers at Teleware, who developed accounting software.